The Alfred Williams Charitable Trust Financial Statements Year ended 5th April 2025 The Alcred Williams Charitsble Trn¥t Financial statements for ihe vear ended 5th A ril 202 Contents Charity infomiation Trustees, report Independent examiner's retM)rt Statement of financial acti￿ ities Balance sheet Notes to the financial statements 7- 10 The Alfred William$ Charitable Trnst Financial 5tatement5 for the vear ended 5th A ri1202q Charil). informalion Legal slruclur¢ An unincortx>raied Trust Fund operdting under the founding Trust t)eed dated 4th April 1973 settled by Mr Alfred Williams. RcgJistered charity number ?66652 Registered address Haughle). Park. Stoiimarket Su(Tolk IP14 3JY Trustees Mr P Clark'e JP BA ACIB Mrj H Penn BA FCA CTA Mr R J Williams MA Msc Dr L R Williams BS¢ MB ChB CorresFM)ndence address 12a Simpson Way Barrow Bur) Si Edmunds Suffolk IP?9 iEA W¢bsite W￿￿.alfred￿'IlliamSCharItab1clrust.0rg Telephone 07917 50W09 (Kat Bowe, administrator) E-mail alfredwilliamscharitablelrust@gmail.¢om Bank¢rs Barclays plc Leicester LE87 ?BB S(>ltLitors Birkeits Proi idcncc Housc 141-145 Princes Street ps￿ ich Ipi ioj Investmeni mana¥Trers JM Finn & Co 60 Abbc)"gaie Sireet Bur) Si f.dmunds IP)3 1 LB Independcnt ¢xaminer Mr David Gould ACA 7 Karen Close Ipsii ich IPI 4LP The Alfred Williams Charitable Trust Trustees, Re ort for the 'ear ended 5th A ril 2025 Administration. Poliey *nd Objeciives The Charity is managed in accordance w.ith the pro&isions of the fwnding TTUSt tked dated 4th April 1973 which gives the Trusiees dI￿retiona￿. p)wer io appl!. the income and. sincc the deaih of the settlor Alfred Williams MBE. the capital of the Trust to a rdnge of chariiable objeLYi¥'es. In practice. I￿￿n￿l 3 5Tnall tTUS1 alld follo￿Ing guidelÈnes recommended b* rhe selllor. the curreni policj of the Twsiees is ro applv onlv ihe income of the Trust mainl) to environmelltÈl aTMJ 50ci81 cau5e5 Ill the county of Suffolk M'iih a bias rowards preservation or regenerdtion of ihe buili heriiage. amenil), and landscape of the count).. Donaiions io wial causes are eiiher for sthrt-up projecis. or for rn(NJest on-going suprrtirt to groups involwed in voluniary rare. education. Iheaire. music and youth and communitv projecis. Donaiions are not made io indiwiduals. The Twstees ha￿e considered the Chariry Commissioners, guidance on public benefit and have concluded that the Trusi's grant making role is for ihe public benefii. Recruitment and Tr*iniThg ofTr¥sltts The power of appointment is vested M iih exi5tin& Irusiees. Apy)inthients are made on the basis of ability and experience considered to be of benefit to the Tn1￿. J H Penn. P D Clarke. R J Williams and L R Williams held otTice as trustees thoughout the year. Training. which invol*e5 awareness of a irusitt's responsibilities. Ihe goveming d￿uMent. administrative procedures and the history o(the ITUSI. is undertaken b!. anendance ai seminars and frotn informati obtained trom relevant ￿'ebSiteS including of ihe charl￿ Commission. Grant5 awarded in 202&25 In pursuance of the charity's stated objectiVe5. 39 iKNJies received grants in the year ended 5th April 20?$ totsllin&7 £83.9001?024.. £75.150). This was Wlthin the Near's in%esimeni income net 01admini￿ra[i0n expenses ¢hargFeable io income. The sector disiribulion of ihese granis was as follows-. 14 biranis totalling £43.050 i%ere made to churchei for fabric repair or am¢nity projects- 4 gjrants lOtalling7 £8.(MM) was rnade to nalural environmenial causes: 6 g)rants totalling £8.7iO were made 10 man-made herithge causes 6 grants totallingi £8.000 were made 10 music. literar%' aTMI drama causes: 9 ¥Jranls totalling £16.100 ￿tre made io social ￿elfare causes. A full list of grants made is included on page 8. Finance, Reserves and Risk Asst55ment: As may be seen in the Statement of Financial Aciivities, the net Tnovemeni in funds for the Near was a depreciation of £161.675 {?024." appre¢iaiion of £?85.(Ml?). The deprrtiation is primarily due to an adverse movem¢nt in financial markets occuring 91 the )'ear' the financial wsition of the charih and Mhich enable them io ensure rhat Ehe financial statements comply with the provisions of the Trust Deed and ihe Chariiies Aci ?01 l and the Charity {Account5 and Report5) Regulations ?(M)8. Tho arc asso res￿nsIble for safeguarding ihe a￿ts of ihe charity and hence for taking reasonable steps for the prei'eniion and deieaion of frnud 2nd other irregularities. The trusiees are re5pon5ible for the maintenance and iniegriry of the charity. and financial infomiaiion included on the charity s website. Re￿rt *nd accounts approval This reFA)rt together with attached financial Swernen￿ comprising of a stattment or rinancial aCti￿ltIes. balanLe Sheet and relaied noie& ￿ere approved and shbmed the Twstees at their meeting on .... R J Williarns JHPenn The Alfred Williams Charit*ble Trnst Inde ndent ¢umiDer's rt om tht aecouots for the r ended Sth A ri12025 I retKTrrt lo the trustees on my ¢x8miT]ation of the accounts of the Alfred Williams Ch￿ilable Trust ('the Charity.) for the year ended 5th April 2025 which are set out on page5 5 to 10. Responsibiltttes And b*sL8 of r¢wtyrt As the ChaTiWs trust￿ you are rep)tL8ible for the we￿4110n of the accou￿ in accord with the requirements of the ClJariti¢s 2011 {"the Act-). I r¢wrt in r¢sm of my examination of the Chariws accounts carried o¢rt under section 145 of the Art and in carrving out my examinatiow I have followed all th¢ atvlicable DireLlions given by the Charity Commission under 5￿tIOn 145{5Xb) of the ACL Independent e￿miner'S statement I hav¢ comp1d￿ my examination. I confirm no rrtalerikl rnattcr5 have ¢0￿C to my attention in connection with the examinaiion which give me Ca￿ ￿ ￿lIeVe tha( in any material res￿.. - the accounting records were not kept in accordance with stttion 130 of the Charities ACL or - the a￿OUnts did not accord with the accounting r￿OrdS. OT - th¢ accounts did not wmply with th¢ applicable requirements concerning the fomi aThl ntenl of accounts sei out in the Charities (A￿OUnts aThl Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fai¢ view which is not a JDatt¢T considered as rArt of the indeFtndent examiT]atioTL I have no concerns and have come acr(yss no othcr matters in ￿nnectiOn with the examin*ion to which attention should be drawn in this reF¥)rt in order to cnablc a proper und¢T5tsnding of the accounts to be reached. D*te: i°A Iyamt: J ID Co(iLD David Crt)uld ACA RelevAlIt profe￿10• or ljody: ICAEW Addr￿. 7 Karen Close. Ipswicl IPI 4LP The Alfred William5 Charitable Trust Statement of Financial Actii'ities for the 'ear ended 5th A ri12025 Restricted income fuTrds Unrestricted runds Total 2025 Total 2024 Inenming resources InlLrLst and divid¢nds from invesiments Interest on bank deposii account 92.817 581 9).398 90.040 480 581 93.398 Re50urce5 expended Dondtions and gTranls Legal. profcssional and adTnsnisirniive ftts Investmeni manaL?ement fees rorL'igTn lax on overseas dividends 83.9(KJ 4.373 21.336 ?.902 83.900 4.373 21.336 5,165 19.88? 103,1?2 Net outgoin% resources (19,113) (19.113) (12.602) Other recognised gains ILossesl/gTains on quoted investment assets 1142.562) (142.562) 297,604 Net movement in funds (161.675) {161.675) 285.00? Total funds brought fornard 3.887.135 3.887,135 3.602,133 Total funds eirried forn'ard j.77i.460 3.795.460 3.887.1.15 The Alfred Willi#ms Ch#rit#ble Trust Balance %heet as at ith A ril 2025 2025 2024 Fixed assets Investments in quoted and sitnilarl!" traded companies Cash deposits held at invesimeni managers 3.674.694 13.850 3,688.-544 3.842.977 8.391 3.8$1.368 Current assets Cash at bank 38.016 37,677 Creditors: amounts falling due wiihin one vear 1.100 1,910 Net current assets 36.916 35,767 Net assets 3.7?5,460 3.887.135 Funds of the Charity Unresiricied funds Designated funds Total unrestricted funds 3.725.460 3.887.135 3.7?5.460 J.8117,135 Restricted income funds Endoiimeni funds Total funds J.7?S.460 3.887.135 All the funds within the balance sheet are unresiricied funds. Approved by the Trustees on 11 RJ Williams JHPenn The Alfred Williams Charit9ble Trust 40tes to the finanti#l sti)ttmtnts" for the .￿r ended 5ih A ril 2025 i) Basis of preparation Thc%L accoiinls havc been prepared on the basis of hI￿OriCal cost {excepi that investments are shown ai markei value) in accordance with ihe Statemenl of Recommended Practice.. ALLountinbv and Reporting bv Charilics and in accordance ith the Financial Rewrting Siandard applicable in the UK {FRS 1021 issued on 16 July 2014 and ￿1th the Chariiies Aci •OI I. Incoming resources Recognition of incoming resollrces These are included in the Siaiemeni of Financial Activities (SOFA) when: (he chariiy becomes eniiiled io ihe resour¢¢s: it is more likely ihan noi that the injsiees M'ill receive the resources. and the monetary value can be medsured wilh sufficieni reliabiliry. Investment ineome This is included in ihe accounts when receipt is probable and the amouni receivable can be measured reliably. Investment gains and losses This inLludes anj gain or loss on the sale of invcstments and anJ gdin or loss resulting from revaluing inveslfflents io markei valtje ai the end of the vear. Taxation The ehariiy s activities are T)Ot considered liable io UK income or capital gain5 t&%, but Ihe charii) does incur foreign tales deducied ai source on foreign invesimenr income. Value Added T&x is paid on supplies of some Services made io ihe charity. Expenditure and li¥bilities Liability recognition Liabilities are rccoginised where it is morc likely ihan noi thai there is a legal or constructive obligation commilling ihe charity" to pa￿ out reSoU￿eS and the amount of the oblibiaiion can be measurcd w.ith reasonable cenainty- Grants pa)'able These are onl) recognised in ihe accounts u,hen a commitment has been made and there arc no condiiions to be mct ￿lating io ihe grant ￿hich remain in the control of the charit),. Assets Ini'es¢menL Invesiments iraded on a recognised stock ¢ichange are valued at markei value al the year end. "Ihe.Iifrtd Williams C.'b*riÈablt Trust vle5 lu the fiA*n¢i*l *taitmtni4 for iht Ytar tnded Sth - ril 1024 Di)maii(bTr$ pr*Tr15 2024 Abb¢%¢riilt Ik15urt And Si)I4 and Grow Barnham l)ar15h Council Britten 35 3 si*ue urcs Ilapt151 C'huvch [lU￿ St Ldmunds knciety CIO tk%itYn¢r Nlakers CIO 1.￿t.,%￿-llan C'hildFens11o5pice i.£(x) l.i(K) 2.%(K) 2.51X) l (k'n RL)%i C'i)PPI¢L Irusi Ln4li5h 1.ourin￿ 0￿ra I"IKTrI M￿￿Um Iwas Museum of Angli￿ Life) Fi)fL*I ltiruul Lhildrt*. IA*shail I""rccman C'ommuns1¥ Primary ￿h￿1_ Si(M]plaThJ FrLsh Slun Charil) i?I'AII %ain15L'huTch. Hii¢h* I"riinds vl'tk*enham HJJ) Sch￿1 1.4 750 2.5(K> (Jttirge Q'ommunii} Pub. Wickham Market (Jt Plnhor￿gh and Iluxhall L.,￿der S's Gre¢'n Lithr Trust IlaughlL? PC I￿￿1ch l.'uThiillre Projeci Mid %iilTolk C'jljKn5 AdviLY IIw¢ id %utTi)Ik VoluntaTY FO￿rn 450 8(K) NL'II ￿01￿.} 'l'h¢atre Ni)riiin Village Flall l)rchard Barn P('C' All Saints. Drinksione P('C' All %aints. ShclleTr PCC Sts Peter &. Paul. Bard￿11 P( C Si .4ndrLlb'4. PC(. %1 HilLrt'%. Ipsknich P("(. %1 MaTh di ihc I Im5 "C Si Marv's W'L%I Sto%¥ P(-C' %1 Mary l¢'li)ther. Ip5*Jch TIL Pomham 51 Manin Pic Ov¢ley 1.5 2.5 1.5(Kl PCC Ilerrin￿Sw¢II IJLC- Stoke bi C'lar< 1.5(X) k1werChuiLh. IpJ￿1¢h %T I lixAkih I Iospic¢' %t Mary'5. BrL%tinha 51 MJry'5. N¢%¥iL i Nichol￿ Ilospicc %iovmdikbi ChLirnle %imwnatkct ()pthiic and Dranwic Socie¢y %iiftolk HuilJin&S Pre5ersaiion Iru SulTvlk IlisioriL Ch￿ELhi5 Tru51 5ulYiilk Music 1.¢51iYal AsxKja¢M)n %utTolk 0￿1 sa￿l￿ary %ull()Ik PYeseTwaiion Socich %uitLM Ship's Comp3n> Thc ilrt %l#liiin IhL Qud) I1￿alre TFUSI Iht Wheelibo* I"ws1 'I'he4iir<. RIN￿. 2.i(K> 1.5¢X) 5(X> ¢ihciden ToMThlatyJs Chari likh31￿ ma[k.￿ PannrEthIp W>YerstLMe Villw Hajl S5.￿ The Alfred Ililliiims Charitable Trust Notes to the financial slalemenls for ihe ear ended 5th A ri12025 3) Fixed Asset Investments Investments in quoted and simil*r])' trgded companies 2024 Market value broughi fon¥ard Additions 10 illW¢Stmcnts at Cost Salcs proceeds Rl'statement of cost for accumulation units and accrued income Realised profiVlloss} on disposal compared lo O￿nIng valuation Net unrealised (loss)I gyain on reioluaiion Markct value carried lon%ard 3.842.978 121.900 {148.579) 958 1.704 (144.?66) J.674.694 3.557.089 158.188 (17? 116) 2.712 (1.434) ?99.039 3.847.978 Analvsis of interest aknd dividends recei%'ed 2024 Dividends received - UK companies Dividends receii'ed - UK authoriscd unil Irusts Overseas di￿ idends- O*erseas companies Overseas idends- 0￿erseaS unit trusts Overseas interest Iiiterest received - authoris¢d unit irusl& bank & brokels accounts Property. incom¢ dislribulions 49,107 48,232 1?.836 12.674 315 931 14.003 152 1,410 16.993 Market value at vear end Income from eash deposits ror the vear Anal)'5i5 of cash deposits JM Finn Income accouni JM Finn Income account-'A' ￿rtfoliO JM Finn D¢tX)sit aLLount JM l.'inn Deposit account - "A" p)rtfolio 385 851 1.710 10.904 l i.850 582 1.006 The Alfred l¥illiams Chxriiable Trusl ote5 11) the finantixl st#tement5 for ¢ht vt4r tnded.Sth.4 ri12028 41 Analysi5 of Intorne Surplus 2024 Surpltts brought lorM•rd 19.•69 109.7?0 Income li)r thL Jear InlcTL* and diiidLmd5 from ini.C￿mlrnts In1LTL￿¢ Irom bank dLV)sii aecouni 91.817 i81 9.1.398 ).11411 41111 (A). j?0 Lxrthdiiure lor IhL )iar chargiabIL￿ io income: Donations and grants l.cgal and prolessional ILfS re income I"vt¥igTh dib'id¢nds 8.1.IAM) ?.9)9 1.4)? 8Y.711 75.150 2.896 ?.9?5 flQ.971 Surplus income carried fon%ard ?7.9)6 19.?69 Fees for the prtpxrxt￿n and examination of the acrounts oihtr related seTh>ces 2024 Ind¢p￿dent ¢xthiner Accountancy 5trvic¢5 75 1.5(A) 61 Related pgrty trnm￿tt￿pnS ttlating lo eurrtlll y¢ar IniludLd in irediiLif5 15 £7iO I?014.. £nili due io Mr J I I for ihL' prLwardiion of Ihe fiDan¢ia] SlalLmLnts and i)Iher rllaiL￿ &4ork lor the N¢at ertdL'd ith April 202). MT J 11 PLnn is a.1"nJ￿cc ol-The Allred ll'llli￿S Charitsble Trust. Rel#ttd ￿rtY traAsa¢tioDs relating to prior )egr Includ¢d iiiihin LredtlOT5 is £nil i?0?4.. £1.5601 due io xcountants P¢nn and Company lor ihL preparation vl'ihe tinaniial sia¢¢m¢nLS oiher re1￿c￿ liork. for ihe etKILxl 5ih April •024. £l.i611 lin¥luding V,ITI was ￿ld io PenrÈ atMI Compani duTin¥ the lear for ihe prep3ration ol'ih¢ linancial sialL"ment5 and other Telaied K"OTk loi the iih April ?0?4. Mr J 14 PLmn is a"fru51cL nl-"IthL Allrcd Il'illiatns Charitsbli Tru￿ Jnd hthl ￿ iniLrL in P¢nn and Compani l%uffi)Ikl Limited ￿thiLh tr￿e% under Ihe nam¢ ()fpenTh and Compan). 10